Scenario 18-3
Gabrielle has two jobs, one for the winter and one for the summer. In the winter, she works as a lift attendant at a ski resort where she earns $16 per hour. During the summer, she drives a tour bus around the ski resort, earning $11 per hour.
-Refer to Scenario 18-3. Assume that Gabrielle has an upward-sloping labor supply curve. If the opportunity cost of Gabrielle's leisure time increases, she will respond by working

Question

Quizplus · Accepted Answer

An upward-sloping labor supply curve implies that as wages increase, workers are willing to supply more labor because the opportunity cost of leisure time increases. Therefore, if the opportunity cost of Gabrielle's leisure time increases, she will respond by working more hours.

Scenario 18-3 Gabrielle Has Two Jobs, One for the Winter and One